Rivernorth Capital Management LLC Invests $1.51 Million in Cantor Equity Partners VII, Inc. $CAES

Rivernorth Capital Management LLC acquired a new position in shares of Cantor Equity Partners VII, Inc. (NASDAQ:CAES) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 150,000 shares of the company’s stock, valued at approximately $1,510,000.

Separately, Moore Capital Management LP acquired a new stake in Cantor Equity Partners VII in the second quarter valued at approximately $2,018,000.

Cantor Equity Partners VII Price Performance

Cantor Equity Partners VII stock opened at $10.11 on Monday. The company has a 50-day simple moving average of $10.08. Cantor Equity Partners VII, Inc. has a one year low of $10.05 and a one year high of $10.17.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of Cantor Equity Partners VII to a “hold” rating in a report on Saturday, June 27th.

Cantor Equity Partners VII Profile

Cantor Equity Partners VII is a special purpose acquisition company, or SPAC, formed to pursue a merger, stock exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. As a blank check company, it does not have operations of its own and is focused on identifying and completing an initial transaction with a target company.

The company was organized by affiliates of Cantor Fitzgerald, a financial services firm with a long history in capital markets and investment banking.